Checked.be
Active
BE 0881.429.397Private limited company
ORIZZONTE
Oudenaardsesteenweg 825 ·9420 Erpe-Mere, Belgium· 20 yrs active
Sector: Pre-press and pre-media services
(18130)
Conclusion
ORIZZONTE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €7k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 92% of 930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 6 annual accounts.
Key figures
| Equity | €113k |
| Net result | €7k |
| Better than sector | 92% |
| Active | 20 yrs |
Financial profile
81
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
32
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2006, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€11k
estimate, not credit advice
Score history
68
2020
100
2021
90
2022
100
2023
70
2024
94
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 11.84 (≥ 1.5)
+10
Quick ratio
Quick ratio 11.53 (≥ 1.0)
+5
Leverage
Debt/equity 0.09 (< 1.0)
+10
Profitability
ROE 6%
+3
Interest coverage
Interest coverage 46.1× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 05-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 6 fiscal years (±1.3%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 18, Printing and reproduction of recorded media · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 92.0% | 51.9% | |
| Net result | €7k | €6k | |
| Equity | €113k | €66k | |
| Gross operating margin | €14k | €31k | |
| Total assets | €123k | €140k |
€13k
+98.6%
20-25
€7k
-
20-25
€11k
+877.9%
20-25
€123k
+2.5%
20-25
€113k
+6.8%
20-25
€101k
+3.5%
20-25
€3k
-45.2%
20-25
€0
-100.0%
20-25
€10k
-29.8%
20-25
€9k
-32.1%
20-25
11.84
+45.9%
20-25
11.53
+42.1%
20-25
92.0%
+4.2%
20-25
0.09
-34.3%
20-25
6.4%
-
20-25
5.8%
-
20-25
46.06
+511.7%
20-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €13k | €7k | €19k | €15k | €26k |
| Net profit | €7k | €-2k | €11k | €10k | €16k |
| Cash flow | €11k | €1k | €14k | €13k | €19k |
| Staff costs | - | - | - | - | - |
| Income taxes | €3k | €5k | €5k | €2k | €7k |
| Dividends | - | - | €0 | €33k | - |
| Total assets | €123k | €120k | €141k | €113k | €136k |
| Equity | €113k | €106k | €108k | €97k | €120k |
| Debt | €10k | €14k | €33k | €15k | €16k |
| of which ≤ 1y | €9k | €14k | €33k | €15k | €16k |
| of which > 1y | - | - | - | - | - |
| Working capital | €101k | €98k | €99k | €87k | €113k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 11.84 | 8.12 | 4.02 | 6.65 | 8.07 |
| Quick ratio | 11.53 | 8.12 | 4.02 | 6.65 | 8.07 |
| Working capital ratio | 82.0% | 81.2% | 70.3% | 77.4% | 83.2% |
| Solvency | 92.0% | 88.4% | 76.6% | 86.3% | 88.2% |
| Debt / equity | 0.09 | 0.13 | 0.31 | 0.16 | 0.13 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 46.06 | 7.53 | 157.28 | 191.62 | 328.67 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 5.8% | -1.7% | 7.8% | 8.8% | 11.8% |
| ROE | 6.4% | -2.0% | 10.2% | 10.2% | 13.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €123k | €120k | €141k | €113k | €136k |
| Fixed assets | 21/28 | €13k | €9k | €9k | €10k | €7k |
| Tangible fixed assets | 22/27 | €7k | €9k | €9k | €10k | €7k |
| Financial fixed assets | 28 | €6k | - | - | - | - |
| Current assets | 29/58 | €110k | €111k | €132k | €103k | €129k |
| Stocks & contracts in progress | 3 | €3k | - | - | - | - |
| Amounts receivable within one year | 40/41 | €49k | €55k | €47k | €59k | €32k |
| Cash & bank | 54/58 | €56k | €55k | €84k | €44k | €63k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €123k | €120k | €141k | €113k | €136k |
| Equity | 10/15 | €113k | €106k | €108k | €97k | €120k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €107k | €101k | €101k | €91k | €112k |
| Accumulated profits (losses) | 14 | €0 | €-835 | €1k | €221 | €2k |
| Amounts payable | 17/49 | €10k | €14k | €33k | €15k | €16k |
| Amounts payable within one year | 42/48 | €9k | €14k | €33k | €15k | €16k |
| Trade debts payable within one year | 44 | €0 | €2k | €9k | €4k | €5k |
| Income statement | ||||||
| Gross operating margin | 9900 | €14k | €7k | €20k | €15k | €26k |
| Operating result | 9901 | €10k | €4k | €16k | €12k | €23k |
| Financial income | 75 | €232 | €67 | €154 | €24 | €2 |
| Financial charges | 65 | €292 | €899 | €121 | €77 | €78 |
| Result before taxes | 9903 | €10k | €3k | €16k | €12k | €23k |
| Income taxes | 67/77 | €3k | €5k | €5k | €2k | €7k |
| Net result for the period | 9904 | €7k | €-2k | €11k | €10k | €16k |
| Result to be appropriated | 9905 | €7k | €-2k | €11k | €10k | €16k |
Directors & mandates
Current directors & mandates
-
Yves BUYLEDirectorState Gazette act 23326745 (27-03-2023)Current27-03-2023 → present
2 events
- 27-03-2023 Resigned· Director
- 27-03-2023 Appointed· Director
Legal Structure
| NACE primary | Pre-press and pre-media services(18130) |
| Legal form | Private limited company(610) |
| Incorporation | 19-05-2006 |
| Status | Active |
| Postal code | 9420 |
Establishment units
ORIZZONTE
since 20062.153.821.454
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41062D0131/00W000 | Flanders | 802 m² | 1 · 147 m² | 9.7 m · 2 fl. |
| 41009A0386/00E000 | Flanders | 276 m² | - | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼119%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 8.12
Current ratio from 4.02 to 8.12; short-term debt falls from €33k to €14k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €108k ▲11.4%
4 profitable years in a row build equity to €108k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
27-03
State Gazette act
Director changes
v3.2
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €16k ▲428%
Operating result €23k, net result €16k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 3 years ago
2023
27-03-2023 1 director appointed, 1 resigning
- Yves BUYLE, Bestuurder
- Yves BUYLE, Bestuurder
Summary:
v3.2
Technical details
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"role": "bestuurder",
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"rrn": null,
"name": "Yves BUYLE",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
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"name": "Yves BUYLE",
"address": null,
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}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0881.429.397",
"name_full": "ORIZZONTE"
}
}Credit advice
Company registry (CBE)
Activities
Pre-press and pre-media services1813022250Wholesale of information and communication equipment46500Wholesale trade46510Retail sale of information and communication equipment47400Retail trade474105184052487
Names & trade names
| Legal nameNL | ORIZZONTE |
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